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03-18-05 Redevelopment Commission Minutes
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03-18-05 Redevelopment Commission Minutes
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South Bend Redevelopment Commission <br />Regular Meeting — March 18, 2005 <br />6. NEW BUSINESS (CONT.) <br />A. Public Hearings <br />(1) continued... <br />to speak. There was no one who wished to <br />speak regarding Resolution No. 2150. <br />Ms. Jones closed the Public Hearing for <br />whatever action the Commission wished to <br />take. <br />(2) Commission approval requested for <br />Resolution No. 2150. <br />Upon a motion by Mr. Downes, seconded by <br />Mr. Blake and unanimously carried, the <br />Commission approved Resolution No. 2150 <br />appropriating the proceeds (including <br />investment earnings thereon) of the City of <br />IL South Bend, Indiana, Redevelopment District <br />Revenue Bonds to be applied to the cost of <br />certain local public improvements in or <br />serving the Downtown Medical Services <br />District Allocation Area of the South Bend <br />Central Development Area. <br />B. Tax Abatements <br />(1) Commission approval requested for <br />Resolution No. 2152 approving an <br />application for residential real property <br />tax deduction for property located at <br />1105 N. Frances Street in the Northeast <br />Neighborhood Development Area. (Gary <br />and Lisa Anderson) <br />Mr. Schaffer gave the staff report on the <br />project. Gary and Lisa Anderson will <br />construct a new home at 1105 N. Frances <br />Street. The home will be approximately <br />3,100 square feet, with four bedrooms, three <br />IL 6 <br />COMMISSION APPROVED RESOLUTION NO. 2150 <br />APPROPRIATING THE PROCEEDS (INCLUDING <br />INVESTMENT EARNINGS THEREON) OF THE CITY <br />OF SOUTH BEND, INDIANA, REDEVELOPMENT <br />DISTRICT REVENUE BONDS TO BE APPLIED TO <br />THE COST OF CERTAIN LOCAL PUBLIC <br />IMPROVEMENTS IN OR SERVING THE DOWNTOWN <br />MEDICAL SERVICES DISTRICT ALLOCATION <br />AREA OF THE SOUTH BEND CENTRAL <br />DEVELOPMENT AREA. <br />
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